Profil:
Dom Development SADom Development posts PLN 273.4 mln net profit in Q4 2024, above expectations
Listed real estate developer Dom Development posted PLN 273.4 million (EUR 65.45 mln) of attributable net profit and PLN 332.5 million (EUR 79.6 mln) of operating profit in the fourth quarter of 2024, the company's financial report showed. The PAP Biznes consensus was for a net profit of PLN 259.3 million (EUR 62.1 mln) and an operating profit of PLN 323.7 million (EUR 77.5 mln).
The group's consolidated revenue amounted to PLN 1.316.3 million (EUR 315.1 mln), above the PAP Biznes consensus for PLN 1,270 million (EUR 304 mln).
Gross profit on sales rose to PLN 1,019.2 million (EUR 244 mln) in 2024 from PLN 815.1 million (EUR 195.1 mln) a year earlier.
4Q2024 | results | consensus | difference | y/y | q/q | YTD 2024 | y/y |
PLN mln | PLN mln | % | % | % | PLN mln | % | |
Revenues | 1316.3 | 1270 | 3.6% | 38.6% | 172.9% | 3168.2 | 24.2% |
EBITDA | |||||||
EBIT | 332.5 | 323.7 | 2.7% | 36.9% | 321.5% | 697.2 | 24.9% |
Attrib. net profit | 273.4 | 259.3 | 5.4% | 36.7% | 322.7% | 569.1 | 23.7% |
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